- According to DappRadar statistics, the NFT market’s turnover last week was $74.86 million.
- With sales of $5.39 million, an increase of 9.45%, Cryptopunks topped the charts.
Another decline in sales in the NFT market occurred this past week, with a decline of 7.91% from the previous week. Both the number of buyers and sellers experienced a significant decline; the former fell by 73.46 percent and the latter by 61.18 percent from the previous week.
According to DappRadar statistics, the NFT market’s turnover last week was $74.86 million, which is a decrease of 7.91% from the previous week. Although sales of Ethereum-based NFTs fell 9.73%, Ethereum still exceeded blockchain sales volume by $27.25 million. At $14.89 million, up 31.01%, Bitcoin claimed second place, while Solana came in third with $12.47 million, down 12.31%.
Top collections dominate
With sales of $5.39 million, up 9.45%, Cryptopunks topped the charts this week. Next up were Bitcoin BRC20 NFTs, which saw an even more astonishing 475% increase to reach $3.45 million. With $3.28 million in revenue, up 4%, Immutable X’s Guild of Guardians (GoG) took third place. Sorare, which operates on Ether, earned $2 million, up 9.99%, while Luxemarathoner, which operates on BNB, earned $2 million, down 22%.
Five days ago, Cryptopunk #9368 sold for $1.27 million, making it the most expensive NFT market transaction this week. Three days ago, Solana’s Boogle #025 sold for $143,070, and five days ago, BNB’s Paraluni Perpetual Bond fetched $129,337. Premium collections continue to lead the way in a dynamic market, even as sales and activity have declined.
Among the big sales swings in the NFT market over the past week, CryptoPunks stands head and shoulders above the competition. With a small gain of 0.15% from the week before, the famous pixelated collection (now owned by Yuga Labs) generated $5 million in sales.